I’m on a mission to show that you don’t have to be an accountant or even a rocket scientist to manage the financial side of your business. There are many simple tools that you can use and that are very easy to learn. This particular tool can be used to show what happens when sales increase or decrease and the impact it has on your accounts receivable, inventory levels, accounts payable and need for financing. For calculation purposes all items are expressed in terms of how m

Your excitement level is at an all time high. You’ve allocated resources and people to taking your business international and even picked a potential market. You’ve checked that your passport is up to date and you are ready to start exporting tomorrow. It’s all systems go. Whoa! Slow down! Unfortunately, this is the scenario that many businesses follow and many of them will struggle to meet their expectations and waste considerable resources in the process. Businesses would